Coating Equipment Market Analysis & Forecast 2024-2030

Global Coating Equipment Market is expected to reach USD 48223.91 million by 2030 with CAGR of 6.8% between 2024 and 2030

Coating is a covering surface over the object usually known as substrate. Basically coating over substrate either for functional or decorative purpose. Functional purpose of coating provides corrosion, wettability and adhesion to substrate to increase quality of product. On other hand words and images painted on products serve the purpose of product decoration. Paint is one of the important as well as widely used coatings globally in industrial as well as medical industry.  

Coating Equipment Market has shown and expected to show strong growth attributed to adoption of prevention based approach from rusting and maintenance by the companies all over the world. Coating Equipment helps in evenly distribution of the material over the surface, proper mixing of the ingredients and makes sure for optimum dryness of the coating. Substrate properties can be changed with coating some coating application such as semiconductor device fabrication.  

Coating Equipment market based on the product type is segmented into liquid coating, powder coating and specialty coating. The basic raw material for liquid based coating are additives, carriers, pigments and resins. The carrier can be water, solvent or both. On other hand powder coating require no carrier. All the basic material is formulated into the powder form. Liquid coating spray guns are used that rely on high pressurized compressed air to provide layered coating. Nowadays powder coating are carried out with corona guns as coating equipment. Triboo guns are other type of equipment used for powder coating.  

Automotive industry driving Coating Equipment Market growth. High sales volume of automobile and increasing demand for OEM leading to high use of coating and hence Coating Equipment. Aerospace industry also shown high use of Coating Equipment and continued to show strong growth. Coating equipment in medical industry expected to deliver growth due to growing use of these equipment in drug delivery applications. Industrial as well as Infrastructure industry also continue to generate high sales volume in forecasted period.  

Geographically Asia Pacific is leader in Coating Equipment Market and expected to remain most attractive market for forecasted period. Rise in Automobile industry, high population count and increasing concentration of Coating Equipment manufacturing plants leading to generate high sales revenue. North America and Europe also expected to show high growth in upcoming years. Middle East, Africa and Latin American Coating Equipment Market expected to remain constant in forecasted period.  

Coating Equipment Market : Product Type

• Liquid Coating
• Powder Coating
• Specialty Coating

Coating Equipment Market : Application

• Automotive & Transportation
• Medical
• Aerospace
• Industrial
• Infrastructure

Global Coating Equipment Market: Competitive Analysis

Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Global Coating Equipment Market:

• Nordson Corp
• IHI Corp
• OC Oerlikon
• SATA
• Graco
• ANEST IWATA
• ASAHI Sunac Corp.
• J. Wagner
• Carlisle Companies
• WIWA Wilhelm Wagner

Geographical analysis of Coating Equipment Market:

• North America
  • U.S.A
  • Canada
• Europe
  • France
  • Germany
  • Spain
  • UK
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South East Asia
• Latin America
  • Brazil
• Middle East and Africa

Global Coating Equipment Market Report delivers a comprehensive analysis of the following parameters:

• Market Forecast for 2024-2030
• Market growth drivers
• Challenges and Opportunities
• Emerging and Current market trends
• Market player Capacity, Production, Revenue (Value)
• Supply (Production), Consumption, Export, Import analysis
• End user/application Analysis

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